The Traderszone Network

11 January, 2017 by The TZ Newswire Staff Comments Off on Nikkei 225 closed down -1.2% at 19,134.70

Nikkei 225 closed down -1.2% at 19,134.70

Soggy day for Japanese equities post-Trump 12 Jan
– lowest closing level since 30 Dec
– Topix closed down -1.0% at 1535.41
– pharmas particularly targeted , down -2.8% after Trump said they were “getting away with murder” for prices charged to US govt
Not just the US govt, that’s for sure.

11 January, 2017 by The TZ Newswire Staff Comments Off on Moody’s see Eurozone political risks rising

Moody’s see Eurozone political risks rising

US credit ratings agency out with their latest review 12 Jan
– Stable credit outlook for EZ sovereigns in 2017
– rating reflects stable but subdued GDP growth
Those headlines political risks refer to the various elections coming up this year.

11 January, 2017 by The TZ Newswire Staff Comments Off on Iraqi oil minister says they want oil prices at USD 65 per barrel

Iraqi oil minister says they want oil prices at USD 65 per barrel

Comments out on the wires 12 Jan
– Iraq certainly meeting its OPEC -deal obligations
Want and get are rarely the same but hey, there’ll be a few others with a similar wish list.

11 January, 2017 by The TZ Newswire Staff Comments Off on Florida lawmaker John Rutherford evacuated by doctors

Florida lawmaker John Rutherford evacuated by doctors

An aide to a Florida congressman who was wheeled out of the Capitol on a stretcher says he “did not suffer a heart attack.”

11 January, 2017 by The TZ Newswire Staff Comments Off on PBOC should stop intervention in the yuan and hang onto their reserves

PBOC should stop intervention in the yuan and hang onto their reserves

So says a former PBOC adviser Yu Yongding on Caixin website 12 Jan
– PBOC should set a bottom line of 25% for yuan depreciation
– should stop intervening to preserve fx reserves
Says Yum a respected economist at govt think-tank Chinese Academy of Sciences:

11 January, 2017 by The TZ Newswire Staff Comments Off on Economic data coming up in this session 12 Jan

Economic data coming up in this session 12 Jan

Here’s what’s on the economic data/event calendar for today 12 Jan 2017
Greetings one n all.
Wow, what a session through the Trumpster’s fun n games eh? I trust you managed to make a few pips/limit damage. Quite extraordinary in many ways and 4 more years of it to come !

11 January, 2017 by The TZ Newswire Staff Comments Off on R.I.P. San Diego Chargers: Move To L.A. On The Cusp

R.I.P. San Diego Chargers: Move To L.A. On The Cusp

According to reports, the San Diego Chargers will officially seek to relocate to Los Angeles by the Jan 15th deadline.